Fuel Tech, Inc.

Fuel Tech, Inc.

FTEKยทNASDAQ

$1.63

+1.2%
IndustrialsIndustrial - Pollution & Treatment Controls

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through two segments, Air Pollution Control Technology and FUEL CHEM Technology. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources by low and ultra-low NOx burners; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; selective catalytic reduction systems comprising ammonia injection grid, and graduated straightening grid systems; I-NOx systems; ESP Processes and Services; ULTRA technology; and flue gas conditioning systems; and burner systems. The FUEL CHEM Technology segment provides programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using TIFI targeted in-furnace injection technology. This segment offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets; and the owners of boilers, furnaces, and other combustion units. The company was incorporated in 1987 and is headquartered in Warrenville, Illinois.

At a Glance

Live Snapshot
Market Cap$50.79M
EPS-0.0751
P/E Ratio-20.77
Earnings Date05/05/2026
Fuel Tech, Inc.

Fuel Tech, Inc. Fair Value Envelope

FTEK ยท NASDAQ

Our analysis suggests that FTEK has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $1.63, this represents a potential HIDDEN relative to our calculated worth for Fuel Tech, Inc..

Intrinsic Value
Current Price: $1.63

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$26.2B
+ Cash & Equivalents$11.9M
Firm Value$26.2B
- Debt$656.0K
Equity Value$26.2B
/ Shares Outstanding31,074,438B
DCF Value$843
UNDERVALUED BY 51641%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$6.0M
$12.1M
$24.1M
$48.3M
$96.5M
$193.0M
$386.0M
$772.1M
$1.5B
$3.1B
Maintenance CapEx
-$269.6K
-$539.2K
-$1.1M
-$2.2M
-$4.3M
-$8.6M
-$17.3M
-$34.5M
-$69.0M
-$138.0M
Owner Earnings
$5.8M
$11.5M
$23.0M
$46.1M
$92.2M
$184.4M
$368.8M
$737.6M
$1.5B
$3.0B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$5.3M
$9.9M
$18.3M
$33.9M
$62.7M
$116.2M
$215.2M
$398.5M
$738.0M
$1.4B
Terminal Value represents 88.7% of Enterprise Value